Enstar Group Limited Stock Forecast

Buy candidate since Apr 14, 2025 Gain 0.01%

The Enstar Group Limited stock price gained 0.309% on the last trading day (Thursday, 17th Apr 2025), rising from $332.98 to $334.01. During the last trading day the stock fluctuated 0.384% from a day low at $332.92 to a day high of $334.20. The price has risen in 6 of the last 10 days and is up by 0.5% over the past 2 weeks. Volume fell on the last day by -2 thousand shares and in total, 79 thousand shares were bought and sold for approximately $26.43 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Enstar Group Limited stock with a 90% probability to be traded between $337.28 and $342.09 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stock seldom manage to go directly from the bottom of a trend up to the top. Stock turning up in the middle of a horizontal trend are therefore considered to be potential runners.

ESGR Signals & Forecast

Mostly positive signals in the chart today. The Enstar Group Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $333.18 and $332.25. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, April 07, 2025, and so far it has risen 1.18%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Thursday, April 10, 2025 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Enstar Group Limited stock

Enstar Group Limited finds support from accumulated volume at $332.54 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.28 between high and low, or 0.384%. For the last week the stock has had daily average volatility of 0.472%.

Our recommended stop-loss: $307.30 (-8.00%) (This stock has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (ESGR) For The Upcoming Trading Day Of Monday 21st

For the upcoming trading day on Monday, 21st we expect Enstar Group Limited to open at $333.71, and during the day (based on 14 day Average True Range), to move between $332.37 and $335.65, which gives a possible trading interval of +/-$1.64 (+/-0.49%) up or down from last closing price. If Enstar Group Limited takes out the full calculated possible swing range there will be an estimated 0.98% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $332.54, some $1.47 (0.44%) from the current price of $334.01, our system finds the risk reward attractive.

Is Enstar Group Limited stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Enstar Group Limited stock to perform well in the short-term period.

Current score: 3.332 Buy Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on April 21, 2025 - $333.71 ( 0.0898%).